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LONDON - Investment management corporation BlackRock (NYSE:BLK), Inc. has adjusted its holdings in The PRS REIT PLC, crossing a significant voting rights threshold, according to a recent regulatory filing. On February 27, 2025, BlackRock’s direct and indirect voting rights in the UK-based real estate investment trust reached a combined 5.89%, up from a previous total of 5.9%.
The change in BlackRock’s stake resulted from the acquisition of additional shares, which brought its direct voting rights to 5.2%, as well as financial instruments such as contracts for difference (CFDs), contributing 0.69% to its total voting power. The total number of voting rights now held by BlackRock in PRS REIT stands at 32,470,567.
BlackRock’s investment in PRS REIT is managed through a complex chain of controlled undertakings, spanning various jurisdictions and subsidiary companies. The detailed chain of ownership includes entities such as BlackRock Finance, Inc., BlackRock Holdco 2, Inc., and BlackRock International Holdings, Inc., among others.
The notification of this change was completed on February 28, 2025, and took place at BlackRock’s London office. The information regarding this notification of major holdings, which indicates an increase in BlackRock’s influence within The PRS REIT PLC, is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG). The Financial Conduct Authority approves RNS to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280).
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